CJ ENM has reportedly abruptly terminated their contract with TOO’s agency n.CH Entertainment.
TOO debuted last year through the Mnet survival program “World Klass,” and CJ ENM’s subsidiary label Stone Music Entertainment partnered up with n.CH Entertainment to manage the group. According to news outlet Newsen, the two companies started the joint project in October 2018, and they agreed to work together for seven years. It was decided that n.CH Entertainment will be in charge of management and promotions, while CJ ENM will take care of the album production and marketing aspects. As a result, they jointly released two albums in April and July last year.
Newsen further reported that after seven months, CJ ENM unilaterally terminated their contract with n.CH Entertainment due to internal restructuring and urged n.CH Entertainment to withdraw from all matters related to TOO. As a result, this put a halt to TOO’s album production, delaying the group’s third album.
More under the cut:
A source from CJ ENM shared, “The exclusive contract for TOO is with CJ. We have all rights to TOO, and we only entrusted n.CH Entertainment with some of the tasks, like management and PR (public relation) activities. We signed a management contract that lasted only until August, and the period ended. After three months of additional consultation, we failed to reach an agreement. We’ve had a month of additional negotiations, but it ended in late December. We could not reach an agreement, so the contract was terminated. All steps of the contract were carried out normally. It was an agency contract and not a joint management contract.”
In response to the situation, n.CH Entertainment stated, “We collaborated with CJ ENM to create Mnet’s ‘World Klass’ and even made TOO debut. When we first started working together, we planned to work together for the next seven years, so we’re very shocked that they suddenly changed their mind.”
They continued, “This is upsetting, but we have affection for the members, so we offered to manage them for the next two years, even if we don’t receive any compensation. However, they rejected us. We’re not able to communicate at all.”
They added, “This is a very important time for TOO. They have to release their next album and continue their activities, so it’s a pity that this issue is delaying them.”
TOO is a 10-member group that was formed by Mnet’s 2019 reality show “World Klass.” They debuted in February 2019 and were managed by both CJ ENM and n.CH Entertainment.
Sources: translated by L.Kim, original by Naver 1, 2
TOO debuted last year through the Mnet survival program “World Klass,” and CJ ENM’s subsidiary label Stone Music Entertainment partnered up with n.CH Entertainment to manage the group. According to news outlet Newsen, the two companies started the joint project in October 2018, and they agreed to work together for seven years. It was decided that n.CH Entertainment will be in charge of management and promotions, while CJ ENM will take care of the album production and marketing aspects. As a result, they jointly released two albums in April and July last year.
Newsen further reported that after seven months, CJ ENM unilaterally terminated their contract with n.CH Entertainment due to internal restructuring and urged n.CH Entertainment to withdraw from all matters related to TOO. As a result, this put a halt to TOO’s album production, delaying the group’s third album.
More under the cut:
A source from CJ ENM shared, “The exclusive contract for TOO is with CJ. We have all rights to TOO, and we only entrusted n.CH Entertainment with some of the tasks, like management and PR (public relation) activities. We signed a management contract that lasted only until August, and the period ended. After three months of additional consultation, we failed to reach an agreement. We’ve had a month of additional negotiations, but it ended in late December. We could not reach an agreement, so the contract was terminated. All steps of the contract were carried out normally. It was an agency contract and not a joint management contract.”
In response to the situation, n.CH Entertainment stated, “We collaborated with CJ ENM to create Mnet’s ‘World Klass’ and even made TOO debut. When we first started working together, we planned to work together for the next seven years, so we’re very shocked that they suddenly changed their mind.”
They continued, “This is upsetting, but we have affection for the members, so we offered to manage them for the next two years, even if we don’t receive any compensation. However, they rejected us. We’re not able to communicate at all.”
They added, “This is a very important time for TOO. They have to release their next album and continue their activities, so it’s a pity that this issue is delaying them.”
TOO is a 10-member group that was formed by Mnet’s 2019 reality show “World Klass.” They debuted in February 2019 and were managed by both CJ ENM and n.CH Entertainment.
Sources: translated by L.Kim, original by Naver 1, 2
no subject
Date: 2021-01-13 01:41 pm (UTC)They don't want to handle this n-th survival show group, but are already planning a new one. Every news about cj-em and Mnet is always further proving they have no shame and can get away with everything. People were furious about produce 101 but still watch every new survival show they come up with, so yeah, why should they stop.
Another group exploited and thrown away at the whims of cj-em.
no subject
Date: 2021-01-13 01:46 pm (UTC)Yep :( people still tune in so they just continue to get away with it
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Date: 2021-01-13 03:29 pm (UTC)no subject
Date: 2021-01-13 03:41 pm (UTC)Also based on the comments at Soompi, CJ is a corporation that owns A LOT so what is happening here besides greed?
no subject
Date: 2021-01-13 04:33 pm (UTC)a lot of the survival show groups that formed have had middling success (like pentagon, momoland’s first few eras, in2it) so maybe it’s just that they’re cheap to produce lol + mnet gets to have some exclusivity with those groups but idk
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Date: 2021-01-13 05:39 pm (UTC)no subject
Date: 2021-01-13 06:43 pm (UTC)no subject
Date: 2021-01-13 07:46 pm (UTC)no subject
Date: 2021-01-13 01:58 pm (UTC)n.ch were clearly doing a good job as well because they had me invested in them and i avoid groups from competition shows like the plague these days.
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Date: 2021-01-13 02:04 pm (UTC)no subject
Date: 2021-01-13 02:06 pm (UTC)I think n.ch was trying to make a compromise at least so Too can continue with little issue for awhile but CJ ENM isn’t interested. I don’t think the members have any say here
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Date: 2021-01-13 02:07 pm (UTC)no subject
Date: 2021-01-13 02:24 pm (UTC)no subject
Date: 2021-01-13 03:17 pm (UTC)no subject
Date: 2021-01-13 04:08 pm (UTC)no subject
Date: 2021-01-13 04:32 pm (UTC)no subject
Date: 2021-01-13 04:21 pm (UTC)i hope this gets solved quickly but if they’re fully under cj enm / stone music, i don’t know how well that would work out for them
no subject
Date: 2021-01-13 05:24 pm (UTC)Once again I hate the concept of survival shows. I honestly do not see the appeal. But everyone complains and then they watch them anyway, I'm not surprised they keep making them ://
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Date: 2021-01-13 06:18 pm (UTC)no subject
Date: 2021-01-15 09:00 pm (UTC)no subject
Date: 2021-01-13 06:41 pm (UTC)